VMware, Inc. (VMW), an American cloud computing and virtualization technology company, has reported upbeat results for the third quarter of Fiscal Year 2022. Strong product bookings growth in major product categories acted as a tailwind. Results in Detail  The company reported adjusted earnings of $1.72 per share, topping the consensus estimate of $1.54 per share. VMware had reported adjusted earnings of $1.66 per share in the same quarter last year.  Total revenue of $3.19 billion grew 11% year-over-year and surpassed the Street’s estimate of $3.12 billion. Subscription and SaaS, along with license revenue, mainly drove the results.  Segment-wise, while subscription and SaaS revenues grew 21% year-over-year to $820 million, license revenue was up 11%. Additionally, services revenue surged 7.1% to $1.66 billion.
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